Electric Royalties Welcomes New CFO Amid Strategic Transition

Electric Royalties Ltd. announced a significant leadership change with Robert Scott stepping in as the new Chief Financial Officer. Mr. Scott, succeeding Luqman Khan, possesses over 25 years of expertise in finance and accounting, having played pivotal roles in Canadian public companies. His career accomplishments include raising substantial equity financing and involvement in IPOs and acquisitions.

CEO Brendan Yurik expressed enthusiasm about Scott's appointment, citing his extensive experience in public companies as crucial for Electric Royalties' growth phase. In line with cost-reduction strategies, Scott's firm, Corex Management Inc., will provide support services to streamline operations while maintaining a focus on expanding the company's royalty portfolio.